SAR Televenture FPO is a book-built issue of Rs 150.00 crores. The issue is entirely a fresh issue of 71.43 lakh shares. SAR Televenture operates in the telecommunications infrastructure sector.
SAR Televenture FPO opens for subscription on July 22, 2024, and closes on July 24, 2024. The allotment for the FPO of SAR Televenture is expected to be finalized on Thursday, July 25, 2024. The FPO of SAR Televenture will list on NSE SME with the tentative listing date fixed as Monday, July 29, 2024.
SAR Televenture FPO price band is set at ₹200 to ₹210 per share. The minimum lot size for an application is 500 shares. The minimum amount of investment required by retail investors is ₹105,000. The minimum lot size investment for HNI is 2 lots (1,000 shares) amounting to ₹210,000.
Pantomath Capital Advisors Pvt Ltd is the book-running lead manager of the SAR Televenture FPO, while Link Intime India Private Ltd is the registrar for the issue.
SAR Televenture FPO Details:
| Company Name | SAR Televenture |
| Sector | Telecommunication Infrastructure |
| IPO Type | SME |
| IPO Open date | 22nd July 2024 |
| IPO Close date | 24th July 2024 |
| OFS | |
| Listing Exchanges | NSE |
| Share Holding Pre-issue | |
| DRHP Draft Prospectus | Click to check |
| RHP Draft Prospects | Click to check |
SAR Televenture FPO Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail (Min) | 1 | 500 | 1,05,000 |
| HNI (Min) | 2 | 1000 | 2,10,000 |
SAR Televenture FPO Timeline:
| IPO Open Date | 22nd July 2024 |
| IPO Close Date | 24th July 2024 |
| Basis of Allotment | 25th July 2024 |
| Refund Initiation Date | 26th July 2024 |
| Shares Credit to Demat | 26th July 2024 |
| Listing Date | 29th July 2024 |
Things to Consider before applying for an IPO
Financial Performance: Review SAR Televenture’s financials to understand its revenue, profitability, and growth prospects.
Industry Outlook: Consider the overall health of India’s male grooming industry.
Valuation: Compare the price band to similar companies in the industry to see if the FPO is priced fairly.
Management Team: Research the experience and capabilities of the management team.
Our Verdict
This FPO offers a good opportunity to invest in SAR Televenture and be a part of its growth. We will update our verdict once the FPO application window opens
FAQ
What is Grey Market Premium (GMP)?
The Grey Market Premium (GMP) represents the price at which an Initial Public Offering (IPO) is traded in the unregulated grey market before its official listing. It serves as an indicator of how the IPO might perform on the listing day. Seeing the latest GMP, investors can estimate the listing performance of the IPO.
